Nationwide VISA Refused

poochel

Nationwide are awful. They won't give my boyf a debit card despite him being in his 30's, having a mortgage, phone, broadband accounts etc (not with them), having a high salary paid in there every month (for the past 18 months), a few thousand sitting in e-savings, him having a credit card with them with a big fat limit on it (which they offered him, he didn't have to apply I don't think).....

Every time he goes in to ask they turn him down. He calls the customer service centre up and they say he is eligible for one but he has to go into his branch to ask for it. He goes in and they tell him he's not. Apparently they have 2 different systems - one for the branch and one over the phone. They suggested to him that a way to (and I quote) "get around it and override the system" would be to open a new account with them. How utterly ridiculous.

I was given an electron card when I was 15 and not even working. Boyf can't even get one of those to get access to his own money. Go figure.

Sorry OP, don't think there is a great deal you can do. The Post Office have a great credit card for overseas spending, they were pretty generous with the limit too. Might be worth applying to them? I don't know if they current accounts though.

DramaQueen29

yep my OH has the same prob, hes kept his nationwide account perfect for years but they still say his credit rating isnt good enough

saxmund

I don't understand this - why should you need a credit rating to get a debit card? A debit card is simply a way of spending the money you happen to have in your account. It's no different to a cheque or the ability to draw cash (only more convenient). It should be an overdraft you need a credit rating for, not a debit card.

(That's no help I know but I'm interested in the answer...)

DramaQueen29

I've been thinknig the same saxmund, in any other bank they have looked solely on your ability to use the account not your credit rating, and thats when ive been honest about my poor credit history. Really it doesnt make sense and is really ihndering us living our lives

techno_geek

I opened a FlexAccount when I was 16 and only got a cash card... when I was 18 I applied for a debit card but the adviser said I would be best off applying for another FlexAccount. I did this, and got accepted for a debit card.

Maybe the OP will have some luck this way?

someone

Kilty wrote: »

I presume it'll be difficult for me to get a flexaccount with debit card as soon as I turn 18? (I currently have one with a cash card).

Would like to switch all of my banking to Nationwide but need a debit card

Probably need to stick it out with Halifax or LTSB for a bit....

er, dont know, it might be the best time actual

Just turned 18 recently and was passing a nationwide yesterday. I was thinking about going in asking do you need an appointment to get a VISA card or what. It was lunch time and I wasent going to go in until i saw it almost empty.

Went in and asked. The lady at the info desk thing did some typing, asked for my signature to authorized her to go into my account. After a few minuets she said that they were willing to give me a VISA card with cheque guarantee. I said yes and she did some more things on the computer. She gave me my cash card back and stressed that I must sign my card as soon as it arrives.

After reading this I was wondering if they had given me an overdraft. Just checked on line and it says;

Available Limit
You do not have an agreed overdraft limit.

Change Limit
A limit of up to £500 is reserved for you (subject to status).
How much do you want your overdraft limit to be?

what does the "A limit of up to £500 is reserved for you" mean? £500 sounds a lot

SpaceMagic

Unfortunately I should have consulted you lot earlier. I'm off to Germany in 8 days and with Bank Holiday to I don't think I'll have enough time to open a new account and transfer the money over. This is a ridiculous system Nationwide have going on.

techno_geek

someone wrote: »

After reading this I was wondering if they had given me an overdraft. Just checked on line and it says;

what does the "A limit of up to £500 is reserved for you" mean? £500 sounds a lot

This means they have approved up to £500 overdraft limit for you... you can choose anything from £50 to £500, and it will be applied to your account within 2 days.

If I were you I'd take the full £500 limit they're offering! It doesn't appear as part of your "available balance" at a cash machine so theres no temptation to dip into it, but it will be there if you need it to pay any direct debits etc.

It also appears on your credit report (this is a good thing, remember) and will show other lenders that you can manage credit. Check back around the second week of each month to see whether you can increase it if you want.

I started with £500 and I now have a limit with Nationwide of £5000!

milanbaros

I have been with Nationwide since I turned 13. When I was 16 they sent me a flexaccount cash card but I just continued using my old smile account. When I turned 18 I asked for a visa debit card. No problems whatsoever. They jsut opened an entirely new one for me though, so now I have two. I put this down to the fact I had been with them for 5 years.

When I opened it though I had an overdraft reserved limit of £50 and didn't consistanly pay money in until the start of April this year. Around mid-May they upped it to £100 which I have just applied for and been accepted.

Does anybody know what the monthly pay in requirements are for certain overdraft limits?

someone

milanbaros wrote: »

Does anybody know what the monthly pay in requirements are for certain overdraft limits?

Im not 100% but i think the kind of payment into the account matters. i.e. they can tell on the same day each month I get paid. That will probably score higher than if I paid cash in each month on a random day.

Also, it seams theirs some sort of voodoo with nationwide, some people will get it, some wont.

I am really shocked how much overdraft they offered me (£500) as this is over twice my wage that gets paid in! (also, just thinking I have a couple of thousand in an e-saver and have a regular saver with them

How much were you paying in to your account when you got £50 overdraft?